Icon Plc [ICLR] stock is trading at $222.11, down -2.54%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ICLR shares have gain 0.17% over the last week, with a monthly amount drifted -24.55%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Icon Plc [NASDAQ: ICLR] stock has seen the most recent analyst activity on October 24, 2024, when Robert W. Baird downgraded its rating to a Neutral but kept the price target unchanged to $340 for it. On September 18, 2024, Leerink Partners initiated with a Outperform rating and assigned a price target of $379 on the stock. Goldman started tracking the stock assigning a Buy rating and suggested a price target of $370 on June 06, 2024. Truist initiated its recommendation with a Buy and recommended $357 as its price target on December 15, 2023. TD Cowen started tracking with a Outperform rating for this stock on September 13, 2023, and assigned it a price target of $306. In a note dated January 17, 2023, Barclays upgraded an Overweight rating on this stock and boosted its target price from $215 to $260.
Icon Plc [ICLR] stock has fluctuated between $220.01 and $347.72 over the past year. Currently, Wall Street analysts expect the stock to reach $309.6 within the next 12 months. Icon Plc [NASDAQ: ICLR] shares were valued at $222.11 at the most recent close of the market. An investor can expect a potential return of 39.39% based on the average ICLR price forecast.
Analyzing the ICLR fundamentals
Icon Plc [NASDAQ:ICLR] reported sales of 8.31B for the trailing twelve months, which represents a drop of -1.22%. Gross Profit Margin for this corporation currently stands at 0.23% with Operating Profit Margin at 0.14%, Pretax Profit Margin comes in at 0.1%, and Net Profit Margin reading is 0.09%. To continue investigating profitability, this company’s Return on Assets is posted at 0.04, Equity is 0.08 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.35.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 218.53 points at the first support level, and at 214.96 for the second support level. However, for the 1st resistance point, the stock is sitting at 227.43, and for the 2nd resistance point, it is at 232.76.
Ratios To Look Out For
For context, Icon Plc’s Current Ratio is 1.34. In addition, the Quick Ratio stands at 1.34 and the Cash Ratio stands at 0.25. Considering the valuation of this stock, the price to sales ratio is 2.21, the price to book ratio is 1.88 and price to earnings (TTM) ratio is 24.73.
Transactions by insiders
Recent insider trading involved UTE BERGER, Officer, that happened on Aug 26 ’24 when 11827.0 shares were purchased. Officer, DIARMAID CUNNINGHAM completed a deal on Jul 30 ’24 to buy 5969.0 shares. Meanwhile, Officer BRENDAN BRENNAN bought 26064.0 shares on Jul 29 ’24.
